Substrates

Mondi has agreed to acquire the Duino mill near Trieste, Italy from the Burgo Group for €40m (£33.7m).

Sappi has posted record Q3 results but has flagged the ongoing energy crisis as a potential risk for its European business.

Wide-format consumables supplier Innotech Digital & Display claims it has developed the UK print industry’s first fully biodegradable PVC alternative.

Another wave of paper price rises look set to impact the sector as two manufacturers announce further double-digit increases.

Lecta is set to increase prices on all of its specialty paper grades by 8% to 10% in all markets for orders with delivery from 1 September.

James Cropper has reported a positive start to its financial year, with its sales in Q1 up 36% year-on-year.

Scottish paper merchant PG Paper’s head of logistics has won the Freight Leader Award at the 2022 Amazon everywoman in Transport & Logistics Awards.

Bain Capital Private Equity has signed definitive documents with international investment firm BC Partners to enter into a joint ownership agreement for Fedrigoni.

UPM has reported record Q2 profits “driven by successful margin management in exceptionally tight markets”.

Sappi has launched a new coated paper that feels like an uncoated grade, described as combining two “until-now impossibly simultaneous sensory experiences in one”.